MICR Code: 241024058

Bank: Punjab National Bank
IFSC Code: Punb0410200
MICR Code: 241024058
Address: Sandila, Distt. Hardoi
City: Hardoi Road, Lucknow
District: Sandila Distt Hardoi
State: Uttar Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 241024058.

  • In this case first three codes 241 is city code and it represents city Hardoi Road, Lucknow.
  • Next three characters 024 represents bank Punjab National Bank.
  • Remaining characters which are 058 represents branch. In our case branch is located at address Sandila, Distt. Hardoi.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.